REG - CMO Group PLC - Result of General Meeting

CMOAnnouncement

17/03/2025 14:00

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RNS Number : 9810A  CMO Group PLC  17 March 2025

 

CMO Group Plc

 Result of General Meeting

CMO Group PLC ("CMO" or the "Company" or the "Group"), the UK's largest
online-only retailer of building materials, announces that, at the general
meeting of the Company held earlier today (the "General Meeting"), all
resolutions put to the Company's shareholders ("Shareholders") were duly
passed on a poll.

Details of proxy votes received are summarised below:

 

 

 Resolution Number  Resolution Name             Votes For                      Votes Against
                    No. of shares                           % of shares voted  No. of shares  % of shares voted
 1                  Cancellation Resolution     65,507,515  99.87%             85,399         0.13%
 2                  Re-registration Resolution  65,507,515  99.87%             85,399         0.13%

 

The full text of the Resolutions proposed and passed at the General Meeting
can be found in the circular containing, inter alia, the Notice of General
Meeting, which was published on 27 February 2025 (the "Circular") and is
available on the Company's website http://www.cmogroup.com.

 

AIM Delisting

 

Following approval by Shareholders at the General Meeting, the admission of
the ordinary shares of £0.01 each in the capital of the Company ("Ordinary
Shares") to trading on AIM will be cancelled (the "AIM Delisting"). The AIM
Delisting is expected to take place at 7:00 a.m. on 27 March 2025
("Cancellation") and, accordingly, the last day of dealings in Ordinary Shares
on AIM is expected to be 26 March 2025.

 

Re-registration as a private company

 

In accordance with the passing of Resolution 2, the Company will re-register
as a private limited company and adopt new articles of association, which is
expected to take place by the 11 April 2025.

 

Matched Bargain Facility

 

To facilitate future shareholder transactions in the Company's Ordinary
Shares, the Company has appointed JP Jenkins to provide a matched bargain
facility, which will be available upon the date of Cancellation. Upon
Cancellation, full details of the matched bargain facility will be made
available to Shareholders on the Company's website http://www.cmogroup.com.

 

Capitalised terms used but not defined in this announcement shall have the
same meaning given to such terms in the Circular.

 

Enquiries:

 

 CMO Group PLC                                             Via Instinctif
 Dean Murray, CEO
 Jonathan Lamb, CFO

 Panmure Liberum Limited (Nominated Adviser & Broker)      Tel: +44 20 3100 2000
 Andrew Godber
 Rupert Dearden
 Satbir Kler
 Ailsa Macmaster

 Instinctif Partners (Financial PR)                        Tel: +44 20 7457 2020
 Justine Warren
 Matthew Smallwood
 Hannah Scott

 

 

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